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Private markets rethink ‘semi-liquid’ label
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Private markets rethink ‘semi-liquid’ label
Private market managers and wealth advisers are reconsidering how they describe funds offering periodic access to private credit and private equity after a wave of redemption requests exposed the limits of their liquidity provisions, according to a report by Bloomberg. The term “semi-liquid”, once widely used to market private-market strategies to wealth clients, is increasingly being replaced by descriptions such as “conditional” or “periodic” …
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